Author Archives: Yves Smith
Decades of Public Messages about Recycling in the US Have Crowded Out More Sustainable Ways to Manage Waste
Why trying to tackle trash with recycling is too little, too late.
Read more...‘Time for Congress to Act’: Sanders, Scott Unveil $17 Federal Minimum Wage Bill
Another push for a minimum wage boost. The gap between the $17 target and the current level of $7.25 an hour is a yawning chasm.
Read more...The Admissions Game
Quelel suprise! A new paper shows the very rich do very well in getting admitted to elite colleges. But why, exactly?
Read more...Links 7/25/2023
Russian Central Bank Governor Elvira Nabiullina and Head of “BRICS Bank” Throw Cold Water on BRICS Currency Project
We’re late to a story that interestingly has been very much under-reported, perhaps because it is contrary to the anti-globalist narrative….already a minority faction in the Anglosphere. We’ve said for some time that the prospects for replacing the dollar are a long way away, even more so with a newly-created, reserve currency aspirant. Our views […]
Read more...James Galbraith: How Central Bank Myths and Practices Support Financiers and Dollar Hegemony
Sadly, some bank-serving fables are very durable, so James Galbraith has (yet another) go at them.
Read more...New Address for Donations by Check!
Like the shoemaker whose children go unshod, we are tardy in updating our address for check payments! Oopsie!
Read more...Could Winning an Election Be the End of Keir Starmer?
Elected as the lesser of two evils, Keir Starmer’s Labour will face crises from the offset. Could its disenchanted left step in?
Read more...Rage, Neoliberalism, and Phone Trees
How neoliberalism is contributing to the collective sour mood.
Read more...How “Big Ag” Pollutes America’s Water, and Makes Money Doing It
How habitual and unnecessary nitrogen overdosing in American farms is making water pollution even worse than it “need” be.
Read more...The Looming War Against China: Economic Logic Has Been Replaced by National Security Overrides
Michael Hudson provides a deep dive on the US’ and now its Western allies’ obsessive campaign against China.
Read more...The Big Problem With Small Nuclear Reactors
Diminutive nculear reactors are likely to be just as prone to delays and cost overruns as their behemoth predecessors.
Read more...Colonialism or Sovereignty? How the Global Financial System Traps Countries in Debt
A deep dive on developing country debt crisis and how they reveal the workings of international finance.
Read more...The Origins of the Investment Theory of Party Competition
How Tom Ferguson’s archival research showed that conventional wisdom on voter behaior was rnaive, and investment drives outcomes.
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